State one example of positive economics
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Posted by Alby Philip 6 years, 8 months ago
- 4 answers
Yogita Ingle 6 years, 8 months ago
- A fall in incomes will lead to a rise in demand for own-label supermarket foods
- If the government raises the tax on beer, this will lead to a fall in profits of the brewers.
- The rising price of crude oil on world markets will lead to an increase in cycling to work
- A reduction in income tax will improve the incentives of the unemployed to find work.
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Dev Narula 6 years, 7 months ago
1Thank You